CORPORATE GOVERNANCE AND ENVIRONMENTAL DISCLOSURES OF SELECTED MANUFACTURING FIRMS IN NIGERIA

Abstract

The main objective of the study was to examine the impact of corporate governance mechanisms on the environmental disclosures of selected manufacturing firms in Nigeria. Four objectives, research questions and hypotheses were formulated for the study. The study adopted ex post facto research design. The population of the study was listed consumer goods manufacturing companies in Nigeria which were 21 in number. The researcher used convenience sampling technique to selected 12 samples for the study covering the period 2013 to 2020. A model specification was adapted in line with the objectives of the study. Descriptive and regression analysis was carried out on the data set. The findings revealed that board size, board meetings and audit committee all have significant and positive influence on the disclosure of environmental information. It was therefore recommended that an increase in the number of board meetings, board and the number of the directors in the audit committee will continue to strengthen the quest of the stakeholders for increase disclosure of environmental information by manufacturing companies in Nigeria.

Keywords: Corporate Governance, Environmental Disclosures, Manufacturing Firms, Nigeria.